- #41 of 116
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Buy or lease A8?
by wstuart1
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Aug 27, 2006 (2:39 pm)
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I am set to either lease or buy an A8 ('04 or later=new style). I am self employed and can right off a lease payment but I heard the car value drops like a rock if you buy/lease new. I can write the check for a slightly used one with the argument of getting a better price. suggestions?
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- #42 of 116
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Need Lease Help
by ccap
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Sep 11, 2006 (12:47 pm)
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Looking to lease an 07 A8 SWB. Want to know how much I can expect off MSPR and what the lease factors are and the ammrox payments for a 10k and a 12 k 24 and 36 month lease.
The car will sticker for approx 75k
THanks
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- #43 of 116
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rebate money
by denaliinpa
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Sep 12, 2006 (6:57 pm)
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ccap,
can't help on the current lease rates but as far as how much you should get off msrp it should be around 3k. if an 06 would be ok you could probably get get about 10k or 11k off msrp. Audi is currently offering 7k in dealer rebate money. good luck. the A8 is a fantastic car.
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- #44 of 116
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Re: lease numbers for 2007 A8L [navininkc]
by Car_man HOST
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Sep 13, 2006 (2:31 am)
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Replying to: navininkc (Aug 17, 2006 2:47 pm)
Hello navininkc. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 A8 4.2 long wheel base model with 12,000 miles per year are .00249 and 54%, respectively. Manufacturers generally increase their support on vehicles as the model year progresses. I suspect that Audi's money factors on the 2007 A8 will drop as the months progress. Of course, its residual values will drop as well, negating some of the benefit of any money factor enhancement.
Car_man
Host
Prices Paid Forum
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- #45 of 116
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Re: end of lease options [denaliinpa]
by Car_man HOST
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Sep 13, 2006 (2:36 am)
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Replying to: denaliinpa (Aug 19, 2006 6:49 pm)
Hi denaliinpa. Many banks now insure their vehicles' against significant drops in their residual values. I do not know if the specific story about Audi that your salesperson told you is true, but it is plausible. It's difficult to say whether your salesperson knew this when he sold you your car and he just told you what he did to get you to sign on the dotted line or if this was a policy change by Audi Financial Services that he would not have had any idea about. If you don't believe him, you can always stop by another Audi dealer or two and see what they can do for you on your current car's purchase price.
Car_man
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Prices Paid Forum
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- #46 of 116
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Re: Need Lease Help [ccap]
by Car_man HOST
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Sep 13, 2006 (2:56 am)
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Replying to: ccap (Sep 11, 2006 12:47 pm)
Hi ccap. Audi financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2007 A8 SWB with 15,000 miles per year are .00249 and 62%. The numbers for an otherwise identical 36 month lease are .00249 and 53%. Normally AFS increases residual values by 2% for leases with only 12,000 miles per year and 3% for leases with 10,000 miles per year. However, I have heard that its residual value added for leases of the A8 may only be 1%.
I am not personally all that familiar with what the market for this car is like right now, but you may be able to get an idea of how much you should pay by visiting the following discussion: "Audi A8: Prices Paid & Buying Experience".
Car_man
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Prices Paid Forum
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- #47 of 116
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'07 residual debacle made me lease Mercedes
by mikespopworld
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Sep 17, 2006 (10:21 am)
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Replying to: Car_man (Sep 13, 2006 2:56 am)
I really wanted the '07 A8L, and I waited nearly a year for it, passing on a 24 month lease on an '06 the year before with a residual of 71% and 10k miles per year. I was shocked and very angry when after waiting nearly a year the new residual for the same lease was 64%!! - I ended up leasing a '07 S550 mercedes instead with a 73% residual - for 27 months.
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- #48 of 116
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Re: '07 residual debacle made me lease Mercedes [mikespopworld]
by rjlaero
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Sep 20, 2006 (10:23 am)
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Replying to: mikespopworld (Sep 17, 2006 10:21 am)
A8's are in short supply for a lot of dealers throughout the country. Audi knows they are going to sell these cars regardless, so there's no reason for them to worry too much about residuals or money rate factors.
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- #49 of 116
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Re: '07 residual debacle made me lease Mercedes [mikespopworld]
by e350v10
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Oct 31, 2006 (7:34 pm)
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Replying to: mikespopworld (Sep 17, 2006 10:21 am)
The Audi resale is very poor - for leasing you are better off with a Mercedes. I have an '05 A8L (18K miles) I was going to trade in on an S8. The trade-in value came in around $40K - that's on a $75K car. Take a look at the Mannheim sales - even the W12s have dropped into the $70Ks.
It is such a great car - I don't understand why they depreciate so fast. It's crazy.
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- #50 of 116
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Lease a 2004 A8L ??
by stickgs
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Dec 04, 2006 (10:47 am)
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Looking to lease a 2004 A8L. what kind of terms should I expect to get on a 36mo or 48mo lease as far as residuals and money factors? car is a CPO in good condition with approx 17k mi and hoping to pay no more than $45k or so. Might consider putting $1-2k down. Any help appreciated carman. thanks
Stick
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